The average monthly wage rose to EUR 1,419 per month in the second quarter of 2019, figures released by Statistics Estonia showed. Compared to the same time period last year the average monthly salary increased by 7.4%. The average hourly gross wage was EUR 8.22 euros, up by 9%. The average monthly gross wages and…
In the first half of 2019 the growth of capital investments into the Ukrainian economy made up 13%, compared with the relevant period last year, according to the data provided by the State Statistics Service. In particular, in January-June capital investments into the Ukrainian economy amounted to almost UAH 234 billion (+13.1%), of which UAH…
Ukraine’s power plants in January-July reduced electricity generation by 2% YoY, to 90 billion kWh. Over the period under review, thermal power plants (TPPs) cut power generation by 2.6%, to 34.7 billion kWh, which accounted for 38.6% of the country’s electricity generation, the State Statistics Service said. Nuclear power plants (NPPs) generated 48.7 billion kWh,…
Astara (Iran) – Astara (Azerbaijan) railway project plays a significant role in the implementation of the North-South international transport corridor and in increasing transit revenues of the two countries. Rail laying on the 40-kilometer section of the Rasht-Astara railway in the province of Gilan in northern Iran will shortly begin, said Saeid Rasouli, President of…
The cornerstone for a EUR 7.5-million senior living apartment building to be built by construction company Nordlin Ehitus in Pohja-Tallinn will be laid in a special ceremony. The building to be erected at Maleva 18 will consist of 76 one-room and four two-room apartments. The apartments will be designed for maximum accessibility, and 80% of…
National airline Uzbekistan Airways will launch direct flights to Phuket (Thailand) in winter. Flights will be operated from December 14, 2019, to January 25, 2020, once a week according to the following schedule: – Saturday: HY-535 Tashkent 21:00 (GMT+5) – Phuket 05:30 (GMT+7) (Sunday). – Sunday: HY-536 Phuket 07:05 (GMT+7) – Tashkent 11:45 (GMT+5). The…
The profitability of large and medium-sized Ukrainian enterprises reached UAH 218.1 billion in January-June, up by 23.4% YoY, according to the State Statistics Service of Ukraine. “In January-June the financial result (pre-tax revenues) of Ukrainian large and medium-sized enterprises came to UAH 218.1 billion in revenues (UAH 176.8 billion in January-June 2018),” reads the report.…